Successful mining on the Ethereum network is valued at 3 Ether, in addition to all transaction fees and code-processing fees. However, on average, it takes only 12 seconds to mine Ethereum, whereas it takes about 10 minutes to mine a block of Bitcoin transactions.1 Ara 2020
Read moreHow long does it take to mine 1 ETH?
Q #2) How long does it take to mine 1 Ethereum? Answer: It takes around 7.5 days to mine Ethereum as of September 13, 2021, at the hash rate or hashing power of 500 mh/s with an NVIDIA GTX 3090 that hashes at around 500MH/s. With a GPU that hashes at around 28.2 MH/S, it should take much longer.
Read moreHow do you mine 1 Ethereum a day?
To mine 1 Ethereum, you require a rig with a hash rate of 15,500 megahash a second or mh/s . This is the speed of your mining rig. To build a mining rig with such a high hash rate, you require more than 50 GPUs, which would cost you more than $100,000.1 Ara 2020
Read moreHow long does it take to mine 1 Ethereum on a laptop?
To mine 1 ethereum, it will take you 7.5 days at the current difficulty rate and a hashing power of 500MH/S.27 May 2016
Read moreIs ETH mining still profitable?
Therefore, Ethereum mining is still profitable at the moment , although not as profitable as it has been in recent months, but in the coming months its profitability could drop quite a bit, especially if the price of ETH does not increase.
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